For saleSingle family
$399,900
517 Upland Rd NW
Saint Michael MN 55376
5 beds, 2.5 baths, 2,698 sqft
517 Upland Rd NW is a 5 beds, 2.5 baths, 2,698 sqft single family home for sale at $399,900 in Saint Michael MN 55376. At 20% down it rents for an estimated $3,150/mo and returns $295/mo a month at a 7.6% cap rate.
The deal math
Modelled at 20% down on a 30-year loan at current market rates, before management, vacancy and maintenance reserves.
- Estimated rent
- $3,150/mo
- Monthly cash flow
- $295/mo
- Cap rate
- 7.6%
- Cash-on-cash
- 4.4%
- Max offer
- $371,500
Offer ≤ $371,500 (7% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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